Money supply reduction will help the Fed in its inflation fight, notes Lorenzo Esparza. He discusses takeaways from this week’s economic data. He talks about how the cost of capital continues to increase on the long end of the yield curve. He then forecasts a potential recession. He highlights that companies that are generating free cash flow and low debt are trading at reasonable multiples. He also looks at finding pockets of value in the market. He goes over how investors should diversify in the current market environment. Tune in to find out more about the stock market today.